Wednesday, April 13, 2016

Comparison: ACCA or MBA

Recently many institutions sprung up in Pakistan offering ACCA, CAT classes. But is it good for ones career to do ACCA/CAT especially when BBA/MBA is also an option to pursue by young people.


I would definitely say that MBA/BBA is much more diverse than ACCA. After doing MBA/BBA one can make up career in marketing, finance, IT, HR or SCM. So, in this comparison MBA/BBA beats ACCA quite easily. But I would suggest anyone who has strong interest in Finance to do ACCA.
Students in ACCA are generally much better than in MBA/BBA doin major in Finance. So, I mean that ACCA students know much about finance than MBA/BBA students. It is because ACCA emphasises on finance. MBA/BBA on the other hand focuses on all of business functions like marketing, finance, IT, HR or SCM.
If one wants to keep option open so one should opt for MBA/BBA. ACCA merely concentrates on Finance and after doing ACCA its difficult for one to switch to marketing or HR or SCM. So, generally speaking MBA/BBA is better to switch between different fields.
ACCA has its own benefit of being recognized around the globe. Here in Pakistan anyone who is not doing anything just goes and register for ACCA. It should not be like that. If one really wants to pursue career in Finance then one should opt for it. Otherwise, it could result in a disaster of ones career.

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